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Gas prices show a rise in Louisiana

Louisiana gas prices have risen 6.7 cents per gallon in the past week, averaging $2.15/g today, according to GasBuddy’s daily survey of 2,436 stations. Gas prices in Louisiana are 5.8 cents per gallon lower than a month ago and stand 3.6 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Louisiana is priced at $1.92/g today while the most expensive is $2.96/g, a difference of $1.04/g. “With oil prices having pushed higher in recent weeks, we saw the national average price of gasoline increase for the second straight week. Yet with much unknown after a rocky weekend with the COVID-19 coronavirus spreading into new countries, we still could see the current uptick slow with more countries potentially locking down travel,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

The national average price of gasoline has risen 2.4 cents per gallon in the last week, averaging $2.47/g today. The national average is down 6.4 cents per gallon from a month ago and stands 7.3 cents per gallon higher than a year ago.

“Over the last decade, the national average typically begins its seasonal rise on February 9, lasting until May 2, during which the average rise is 54 cents per gallon. This year could look much different based on myriad unknowns that continue to fog the situation. It’s nearly guaranteed that prices will be higher by April and May, but beyond that, the timing remains completely unknown, as does how the coronavirus will threaten overall gasoline demand,” said DeHaan.

GasBuddy is the authoritative voice for gas prices and the source for station-level data spanning nearly two decades. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide.